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Month: January 2022

Posted on 31/01/2022

Airport Authority Hong Kong extends financial relief for concessionaires

The relief has been extended until the end of March Airport Authority Hong Kong (AAHK) has extended rental relief for retail and catering tenants. The authority has been extending its relief programme ... ( read original story ...)

Posted on 31/01/2022

Genting Hong Kong’s demise leaves Malaysian banks – and its government – facing US$600 million question

Finger pointing in parliament as opposition leader Anwar Ibrahim raises spectre of the Bumiputra Malaysia Finance scandal of the 1980s With Najib Razak and finance minister Tengku Zafrul Abdul Aziz ... ( read original story ...)

Posted on 31/01/2022

Credit Suisse Onboards Robery Huray as SE Asia Investment Banking Vice-Chairman

Credit Suisse announced that it has onboarded Robery Huray as its SE Asia Investment Banking Vice-Chairman, effective January 2022. ( read original story ...)

Posted on 31/01/2022

BofA Adds to Hong Kong Hires Amid Questions On City’s Appeal

Bank of America Corp. named Robert Chiu as Asia vice chairman of its investment banking business, adding to a string of recent hires in the city amid questions over its appeal as financial hub. ( read original story ...)

Posted on 31/01/2022

Hong Kong Suffers ‘Long Zero Covid’ at Lunar New Year

China hunkers down today on the Lunar New Year's Eve. It's quiet, and cold. I mentioned on Friday that the lunar calendar always seems to call it right that this is the coldest snap of the year. That ... ( read original story ...)

Posted on 31/01/2022

Hong Kong minister resigns after Omicron karaoke party scandal

A senior Hong Kong official has resigned after attending a karaoke birthday bash in violation of the city’s tough “zero-Covid’ guidelines, embarrassing the government of Carrie Lam as it was seeking ... ( read original story ...)

Posted on 31/01/2022

Hong Kong’s own ‘partygate’ scandal saw its first high-profile casualty after the city’s home affairs chief resigned

Hong Kong home affairs chief Caspar Tsui's resignation comes as UK PM Boris Johnson braces for the results of the Downing Street "partygate" probe. ( read original story ...)

Posted on 31/01/2022

Financial Technology Company Rapyd Completes Neat’s Acquisition

One of the fastest-growing fintech companies, Rapyd announced today that it has completed the acquisition of Neat. ( read original story ...)

Posted on 31/01/2022

Top Hong Kong official resigns over birthday party fiasco

A top Hong Kong official resigned Monday for attending a birthday party with about 200 guests in early January as the city was battling a coronavirus surge. At least one guests later tested positive, ... ( read original story ...)

Posted on 31/01/2022

EXCLUSIVE Hong Kong leader delays filling post, raising questions about judiciary’s independence

Hong Kong's leader has left open for more than five months a seat on the panel that selects the city's judges, three lawyers familiar with the situation said. ( read original story ...)

Posted on 31/01/2022

Demand for Hong Kong’s ‘nano flats’ could slow down, as prices dip and bigger homes become more affordable

Home seekers are likely to afford bigger living spaces during a softening property market,” said Michael Lee, associate director of professional real estate advisory and valuation at Prudential ... ( read original story ...)

Posted on 31/01/2022

Carbon neutrality: HSBC invests US$100 million in Bill Gates-led green tech programme to support decarbonisation of heavy polluting sectors

HSBC, which has set itself the goal of net-zero carbon emissions in its loans portfolio by 2050, has joined a global programme to accelerate the development of green technologies with a US$100 million ... ( read original story ...)

Posted on 31/01/2022

HSBC Buys back over 3.75M Shrs in London Last Fri for over GBP19.86M

HSBC HOLDINGS (00005.HK) announced that it had repurchased 3.7578 million shares of the company in the London market last Friday (28th), at a price ranging between GBP5.258 and GBP5.339 each, with a ... ( read original story ...)

Posted on 31/01/2022

Hong Kong’s Covid-Zero Strategy Is on the Brink of Collapse

Hong Kong has never been closer to losing its Covid-Zero battle. As residents prepare for another Chinese New Year under Covid-19 restrictions, omicron seems to have gotten the better of the city’s ... ( read original story ...)

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